Trading Summary - July 31. 13.6M traded today
Post# of 4998
(Total Views: 102)
Posted On: 07/31/2017 4:20:10 PM
Trading Summary - July 31.
13.6M traded today - as follows:
.0007: 10.9M
.0008: 2.7M
Whale bid at .0007 peaked at 42M.
Of the 10M+ traded at .0007, all appeared to fill long-standing whale bids - hence why none was added to the ask at .0008.
The whale bid was subsequently topped up again to 36M.
Traders failed to take advantage of the few available .0008s and .0009s. Sooner or later the whales will take the 2.5M left at .0008 and the anticipated 5M>10M at .0009 and force others to pay .0010+.
The long whales will continue to bid at all prices that make sense to them to prevent moronic iHub bashers like "surfkast" and "Hedgebunny" getting any cheap shares.
The few whales that control a major portion of the 174M picked up at .0007 are unlikely to be releasing much in the .0011>.0020 range so - with the low float for a stock in this price range - $DIGX will remain thin to the upside.
There are now only about 10 trading days left until the Q2 is expected to be filed on or about August 15.
Nobody has bought $DIGX in 2017 at a price that it isn't likely to exceed in the coming days, weeks and months (2017 high .0013) if $DIGX is to reach the correct level for its' market cap.
It is still my opinion that there will be another demand vs limited supply run well before the Q2 results are filed.
13.6M traded today - as follows:
.0007: 10.9M
.0008: 2.7M
Whale bid at .0007 peaked at 42M.
Of the 10M+ traded at .0007, all appeared to fill long-standing whale bids - hence why none was added to the ask at .0008.
The whale bid was subsequently topped up again to 36M.
Traders failed to take advantage of the few available .0008s and .0009s. Sooner or later the whales will take the 2.5M left at .0008 and the anticipated 5M>10M at .0009 and force others to pay .0010+.
The long whales will continue to bid at all prices that make sense to them to prevent moronic iHub bashers like "surfkast" and "Hedgebunny" getting any cheap shares.
The few whales that control a major portion of the 174M picked up at .0007 are unlikely to be releasing much in the .0011>.0020 range so - with the low float for a stock in this price range - $DIGX will remain thin to the upside.
There are now only about 10 trading days left until the Q2 is expected to be filed on or about August 15.
Nobody has bought $DIGX in 2017 at a price that it isn't likely to exceed in the coming days, weeks and months (2017 high .0013) if $DIGX is to reach the correct level for its' market cap.
It is still my opinion that there will be another demand vs limited supply run well before the Q2 results are filed.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.